Fastest pace in three months. I think probably the fed needs to be here, but the october number is the one you want to look forward to. Lets get the totals of what we learned today. It is kind of a good news, bad news day in terms of the economy for some we have had one good, one bad, and michigan is kind of neutral. Retail sales of 1. 9 in the month of september, much better than the forecast and much better than the. 6 gain the month before. Retail sales, ex autos also big. Car sales were strong during the month. And then we look at the control group, the part that goes directly into gdp, and that was percent inly up, 1. 4 august. In august it was down by. 3 . A significant boost for retail sales in the u. S. Economy in september. On the other hand, that news on the manufacturing side, Industrial Production falls. 6, a lot of that because airconditioners were switched off, utilities went down. When youre factoring production surprisingly went down by. 3 . That was the bad news for to
The g10 space. All european bonds selling off and oil getting wrapped up into all of that. We want to highlight all the market moving news from our washington dc offices. Washington, where you have President Trump speaking last night at a fox the conference about responsibility of china with the pandemic. Pres. Trump we have a pretty good roadmap right now. , we have to 60 protect his people. Maybe they stay back longer. But i think you can have it both ways. I think a lot of people want to go back. They just want to go back. Alix Kevin Cirilli joins me now with more. What else did we learn from the president . Walk this forward now that the senate is coming back to d. C. Today. Kevin good morning. The president in that fox news town hall making a declared a statement as it relates to negotiations with lawmakers, saying he would not support any economic stimulus lesson it includes a payroll tax cut. Drawing aent clearly line when it comes to a payroll tax cut. Predictionssed the for th
Today. Y. Absolutely. Its peak bloom and its it the weekend. Nd weather is great today. Ay blue skies later thiskies afternoon, lots of sunshine. Sin we dressed for the occasionf you and i. Yod i were in blue. Lu we always try to color coordinate. Somehow we seem to pulloul through this time. Time. Live look at the Cherry Blossoms down there thisere th morning. Rnin its going to be a a gorgeousgou day for them but youllll probably want the jacket. Jke first thing youll notice asotic you walk out the door is cooler temps outside. Psside. 41 degrees in d. C. , 30s elsewhere. 34 gaithersburg, 32 frederick,dk hagerstown and martinsburg asbus well as winchester cumberlandrln checking in at 34 degrees thiss morning so pretty much upperch r 30s lower 40s anywhere you go. Winds the good news, theyrere starting to lighten up a bit. Upt still a little breezy inezy washington at 14 miles an hour u butter those will continue touet diminish as we head into thein late morning and afternoonftno hours
This is an emerging discussion, and it like every other combination moves right into the search for nominal gdp. This is directly linked to the world of janet, mario draghi, mark carney, and everyone else in the economics game. When in doubt, merge. Francine investors seem to like this because both stocks are up. Lets get the bloomberg first word with caroline hyde. Caroline thank you. Financial authorities have identified the third attacker from harris. They say is a man who left from syria in 2013. All attackers were killed. Two detonated suicide vest and a third was shot. The u. S. , congress is trying to increase security in the wake of the recent terror attacks. The house overwhelmingly voted to bar people from visiting from iraq and syria in a program that allows visa free entry. Iraqi forces have made a breakthrough in their fight to recapture a key capital of the Islamic State. They say they have regained control of the section of the city of ramadi. Iraqi forces are getting ai
Distressed and upset that Something Like this could happen in a Community Center in a holiday when there are many kids out from school enjoying themselves here at this Community Center. Again, a person shot. That person has not been identified by police. We are gathering more information and well be back later on action news. For now, reporting live from new castle delaware, im dann cuellar channel6 action news. Thank you dann. Firefighters in philadelphia battled flames and then the ice too. An entire building that was on fire later froze over proving the power and danger of our frigid conditions. The cold continues to plague the delaware and Lehigh Valleys is ongoing. Temperatures remain well below zero and now were bracing for more snow. Heres a look at the storm system that will bring that you say snow. Storm tracker 6 double scan radar shows the storm is quickly moving our way from the south. Meantime road crews in delaware spent the morning getting ready for the latest round of s